ARES REAL ESTATE INCOME

CUSIP: 09186L100 Class: REAL ESTATE INVESTME

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BIP Wealth, LLC12,390$99
Luminist Capital LLC5,108$41
Total (2 institutions)17,498$140